Effective Rate of Duty of excise - increase Basic Excise Duty on Unblended Petrol and Diesel, in order to promote Blending in the country - Seeks to further amend Notification No. 11/2017-Central Excise, dated 30th June, 2017

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....al Excise dated 30-09-2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 01/2022 -Central Excise New Delhi, the 1st February, 2022 G.S.R. 90 (E). - In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interes....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....dards specifications from time to time for blended motor spirit."; (ii) after Sl. No. 2 and the entries relating thereto, the following serial number and entries shall be inserted, with effect from the 1st day of October, 2022 namely: -  "2A. 2710 Motor spirit commonly known as petrol which is intended for retail sale, not so blended with ethanol or methanol as conforming to Burea....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nd entries shall be inserted, with effect from the 1st day of October, 2022 namely: - "3A. 27101930 High speed diesel (HSD) intended for retail sale, not so blended with alkyl esters of long chain fatty acids obtained from vegetable oils, commonly known as bio-diesels as conforming to Bureau of Indian Standards specifications from time to time for blended diesel - (i) without a brand n....